The Paramount

What The Paramount does

The Paramount is a privately held live entertainment concert venue operated by The Paramount Theatre LLC at 370 New York Avenue in Huntington, New York. The venue occupies the renovated 1927 Huntington Theatre building and operates as a 1,573-capacity music hall hosting over 300 events per year, including concerts, comedy, and boxing, featuring nationally touring and Grammy-winning artists. It is exclusively booked by Live Nation and ticketed through Ticketmaster, with an in-house event sales team managing private event rentals across four spaces: the Music Hall (capacity up to 1,573), Station Room (20-30 guests), Founder's Room sections (50-400 guests), and The Gallery at Spotlight (50-150 guests).

The Paramount operates a multi-venue destination cluster anchored on the main Music Hall. The Founder's Room is a members-only 1920s-style speakeasy located below the music hall, with personal and corporate membership tiers offering priority pre-sale access, VIP meet-and-greets, complimentary tickets, and concierge services. Sister establishments Ella's (a wood-fired pizza and brunch restaurant) and Spotlight at The Paramount (a restaurant, bar, and art space opened in 2019) generate additional F&B revenue and cross-promotional traffic. Northwell Health is the current naming sponsor (as "The Paramount in Concert with Northwell"); TD Bank previously held the role. All food and beverage operations are staffed by DLS Hospitality.

The business model combines transaction-based ticket revenue, on-site F&B (hardware-style sales across multiple bars and restaurants), recurring Founder's Room subscription revenue, and one-off private event rental fees. Ticketing pricing is set per event by artists and promoters through Ticketmaster; private event pricing and membership fees are not publicly disclosed. Marketing relies on Ticketmaster's distribution network, Live Nation's national platform, organic social (Instagram, Facebook, X, TikTok), email newsletter, and text-message alerts. The company is privately held with no disclosed institutional investors or PE backing.

Name

The Paramount

Legal name

THE PARAMOUNT THEATRE LLC

Website

https://paramountny.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

The Paramount is a privately held, 1,573-capacity live entertainment concert venue in Huntington, NY, hosting 300+ events annually. Booked by Live Nation and ticketed via Ticketmaster, it serves touring concert, comedy, and private event audiences across its Music Hall, Founder's Room speakeasy, and sister F&B venues.

Ownership category

akta.pro rank

Product category

Live Entertainment Venue

NAICS

Promoters of Performing Arts, Sports, and Similar Events with Facilities (71131), Promoters of Performing Arts, Sports, and Similar Events with Facilities (711310), Performing Arts, Spectator Sports, and Related Industries (711), Drinking Places (Alcoholic Beverages) (722410)

SIC

Services-Amusement & Recreation Services (7900), Retail-Eating & Drinking Places (5810), Services-Miscellaneous Amusement & Recreation (7990)

akta.pro primary industry

Music Venues & Venue Operators (Clubs, Theaters, Arenas) (MPAIAFAB)

akta.pro secondary industries

Nightclub & Small Live Venue Operations (Clubs, Bars with Stages) (MPAGALAF), Event Operations & Venue Services (Box Office, FOH/BOH, Concessions) (MPAIAFAL), VIP, Hospitality & Premium Experiences (Packages, Clubs, Suites) (MPAIAFAK), Venue Food, Beverage & Hospitality Operations (Concessions, Catering, Premium Seating) (MPAGALAN), Venue Guest Services & Front-of-House Operations (Ushers, Box Office, Accessibility) (MPAGALAK)

Keywords

• Live concert venue
• Live entertainment
• Event hosting services
• Music venue
• Private event rentals

Headquarters

HQ city

Huntington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Supply Chain, Infrastructure, Others

Revenue model

1. Ticket sales: Revenue generated from selling tickets to concerts, comedy shows, and live events via Ticketmaster and the box office. Box office fees apply. The venue hosts over 300 events per year.
2. Food & Beverage: On-site food and beverage sales including a select food and cocktail menu, plus bars throughout the venue. Sister establishments Ella's (adjacent) and Spotlight at The Paramount (beside the venue) provide additional F&B revenue and cross-promotion opportunities.
3. Private Events & Venue Rentals: The Music Hall, Founder's Room, Station Room, and The Gallery at Spotlight are rented out for corporate functions, private parties, fundraisers, and other celebrations. The venue handles all rentals and services in-house.
4. Founder's Room Membership: The Founder's Room is a members-only 1920s speakeasy lounge located below The Paramount. Personal and corporate memberships are available, offering priority pre-sale ticket access, VIP meet-and-greets, complimentary tickets, private rooms, discounted F&B, and concierge services.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Core offering

The Paramount operates a 1,573-capacity live concert venue in Huntington, NY, hosting over 300 events per year including concerts, comedy shows, boxing, and special performances by major touring artists. Revenue is generated through ticket sales (via Ticketmaster), on-site food and beverage service, private event rentals across multiple spaces (Music Hall, Station Room, Founder's Room, and The Gallery at Spotlight), and memberships to The Founder's Room, a members-only 1920s-style speakeasy located below the main venue. The company also operates sister establishments Ella's (adjacent restaurant) and Spotlight at The Paramount (adjacent bar/restaurant/art space).

Product overview

The Paramount is a live entertainment concert venue (and not a software/technology product). Its core offering is The Paramount concert venue itself — a state-of-the-art 1,573-capacity music hall in Huntington, NY — supplemented by adjacent and affiliated venues and services: the Founder's Room (a members-only 1920s speakeasy lounge), Ella's (an adjacent wood-fired pizza and cocktail restaurant), and Spotlight at The Paramount (a bar, restaurant, and art space). The company also offers private event hosting across its multiple spaces (Music Hall, Station Room, Founder's Room, Gallery at Spotlight) for corporate functions, private concerts, and celebrations. Ticketing is handled via Ticketmaster and booking via Live Nation.

Differentiator

Problem solved

Functional benefit

Brands

• The Founder's Room: Members-only 1920s speakeasy lounge located below The Paramount, offering private themed rooms, curiosities, bespoke cocktails, and food. Membership includes priority pre-sale purchasing, VIP meet and greets, complimentary ticket opportunities, and discounted food and beverage.
• Ella's
• Spotlight at The Paramount

Products and services

• The Paramount Concert Venue A 1,573-capacity live concert venue in Huntington, NY featuring a large main floor, fixed side loge-balcony seating, mezzanine seating, and a Skybar. Hosts concerts, comedy, boxing, and special events in standing, hybrid, or fully-seated configurations. Booked by Live Nation and serving audiences from general admission to VIP. Notable performers have included Billy Joel, Ed Sheeran, Rod Stewart, Jeff Beck, Don Henley, Weezer, Snoop Dog, and many other Grammy-winning artists.
• Founder's Room Membership A members-only 1920s-style speakeasy lounge located below The Paramount, offering personal and corporate memberships. Members receive priority pre-sale ticket purchasing, VIP meet-and-greets, monthly complimentary ticket opportunities, access to private acoustic performances, and discounted food and beverage. Suitable for individual consumers and corporate members seeking VIP entertainment access.
• Private Events Hosting Private event hosting service across multiple spaces at the venue, including the Music Hall, Station Room, Founder's Room sections, and The Gallery at Spotlight. Suitable for corporate functions, private concerts, holiday parties, fundraisers, and milestone celebrations. Managed by an in-house event sales team.
• Ella's Restaurant A restaurant located at 364 New York Ave next to The Paramount, offering curated plates, enhanced cocktails, wood-fired pizza, live acoustic sets, bottomless brunch, and happy hour. Concert ticket holders receive a 10% discount at the restaurant.
• Spotlight at The Paramount A restaurant, bar, and art space located beside The Paramount, offering a full bar with 12 taps, an eclectic food menu by Executive Chef Matthew Wagner, and live entertainment including performances by professional and aspiring artists. Also provides The Gallery at Spotlight for private events.

Quantifiable outcome

• 300+ events hosted per year
• +2 more outcomes

Named customers30 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered minor and core.

• NorthwellminorGTM or Marketing Partner · 1 January 2024Northwell is the named sponsor of The Paramount in Concert with Northwell. The partnership appears on the venue's logo and branding, indicating a sponsorship/marketing collaboration with Northwell Health (a major Long Island healthcare network).
• Ella'sminorStrategic or Co-development Partner · 1 January 2024Ella's is a sister restaurant establishment located at 364 New York Ave, next to The Paramount. It offers curated plates, wood-fired pizza, cocktails, and bottomless brunch. The Paramount offers a 10% discount at Ella's for ticket holders.
• DLS HospitalitycoreStrategic or Co-development Partner · 1 January 2019DLS Hospitality is the venue's food and beverage operating partner. They handle all F&B staffing at The Paramount, including bartenders, barbacks, cocktail servers, hosts, and hostesses. Job inquiries for F&B positions are directed to [email protected].
• Spotlight at The ParamountminorStrategic or Co-development Partner · 1 January 2019Spotlight is a restaurant, bar, and art space located beside The Paramount, launched in 2019. It offers a full bar (12 taps), eclectic food menu by Executive Chef Matthew Wagner, and live entertainment. It also provides a private event space called The Gallery at Spotlight.
• Live NationcoreChannel Partner/ Reseller/ Distributor · 1 January 2011Live Nation is the primary booking partner for The Paramount. As the world's largest live entertainment company, Live Nation books major touring acts into the venue and promotes events through its national platform.
• TicketmastercoreTechnology or Integration · 1 January 2011Ticketmaster is the exclusive ticketing platform for The Paramount. The venue uses Ticketmaster for all ticket sales, accessible seating management, and mobile ticketing. Box office fees apply.
• TD BankminorGTM or Marketing Partner · 1 January 2011TD Bank is a naming partner referenced as 'The Paramount in concert with TD Bank' in historical materials. This appears to be a past or secondary sponsorship/marketing relationship.

Scale indicators5 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Music Hall of Williamsburg: Approximately 600-capacity Bowery Presents venue in Brooklyn. Operates as a smaller club-tier room comparable to The Paramount's stand-up/hybrid configurations, with similar artist routing economics.
• Irving Plaza: 1,200-capacity Live Nation-affiliated club venue in Manhattan. Directly comparable in capacity tier and target artist class, and competes for the same touring content from a Manhattan location.
• Webster Hall: Approximately 1,500-capacity Manhattan music venue operated by AEG/Bowery Presents. Closest direct comparable in capacity, format (standing/hybrid), and artist tier within NYC.
• The Bowery Ballroom: 575-capacity Bowery Presents venue in Manhattan. Comparable club-tier experience and genre mix to The Paramount, often hosting similar mid-career touring acts.
• Brooklyn Steel: 1,800-capacity general-admission club venue operated by Bowery Presents (AEG) in Brooklyn. Comparable in artist tier and operating model — premium club-scale room attracting mid-headliner touring acts.
• The Fillmore Philadelphia: Live Nation-operated historic club venue in the Philadelphia market with a similar 1,500–2,500 capacity range. Directly comparable operating model and Live Nation booking relationship.
• The Capitol Theatre: Historic roughly 1,800-capacity live music venue in Port Chester, NY, also booked through Live Nation. Closest geographic and tier competitor to The Paramount, both serving the NY-metro live music market from suburban locations.

Broad incumbents

• House of Blues: Live Nation-owned chain of mid-sized music venues with integrated F&B. Comparable in operating playbook and Live Nation affiliation, but operates as a national brand across many markets rather than a single venue.
• Beacon Theatre: Approximately 2,800-capacity Live Nation venue on the Upper West Side. Larger and more established than The Paramount but competes for the same touring artist pool in the NY metro.

Regional players

• Town Hall (NYC): Historic roughly 1,500-capacity Manhattan presenting venue. Comparable in historic-venue positioning and seated concert programming, but primarily presents non-ticketed-membership and spoken-word alongside music.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/TheParamountNY
• Facebookfacebook.com/theparamountny
• Instagraminstagram.com/theparamountny
• TikToktiktok.com/@theparamountny

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Paramount